Deutsche Bank disclosed Morrison Wm Supermarkets PLC (LON:MRW), boosting its stock price target to 200.00GBX earlier today
- Updated: September 18, 2016
Only yesterday Morrison Wm Supermarkets PLC (LON:MRW) traded 1.84% higher at 215.45GBX. MRW’s 50-day average is 193.32GBX and its 200-day moving average is 191.94GBX. With the last stock price up 12.27% from the 200-day average, compared to the S&P 500 which has decreased -0.01% over the same time. Volume of trade was was down over the average, with 4,353,772 shares of MRW changing hands under the typical 12,434,100 shares..
Stating a possible downside of -0.07%, Deutsche Bank bumped the target price of Morrison Wm Supermarkets PLC (LON:MRW) to 200GBX
Previously on 9/16/2016, Societe Generale released a statement about Morrison Wm Supermarkets PLC(LON:MRW) upped the target price from 150.00GBX to 170.00GBX that indicated a possible downside of -0.19%.
Recent Performance Graph:
In addition to Deutsche Bank reporting it’s target price, a total of 16 equity analysts have reported on the company. The consensus target price is 175.94GBX with one analyst rating the company a strong buy, 0 rating the stock a buy, nine analysts rating the stock a hold, seven brokerages rating the stock to underperform, and finally three brokerages rating the stock as sell.
Morrison Wm Supermarkets PLC has a PE of 23 with a 52 week low of 138.60GBX and a one-year high of 216.06GBX and has a market capitalization of 0.0 GBX.
General Information About Morrison Wm Supermarkets PLC (LON:MRW)
Wm Morrison Supermarkets PLC is engaged in the operation of retail supermarket stores under the Morrisons brand and associated activities. The Company offers products, such as Free From, World Foods, Food To Go and Nutmeg clothing. It has food manufacturing capabilities in meat, fish, bakery, fruit and veg, deli and flowers. Its Morrisons branded beef, lamb, pork, chicken, milk and eggs are sourced in the United Kingdom. The Company serves customers across the United Kingdom through approximately 500 stores and an online home delivery service. It operates from over 10 manufacturing sites across Britain. The Company operates over seven regional distribution centers and a national center servicing its supermarkets. Its subsidiaries include Bos Brothers Fruit and Vegetables B.V., Erith Pier Company Limited, Firsdell Limited, Kiddicare Properties Limited, MHE JV Co Limited, Neerock Farming Limited, Neerock Limited, and Rathbone Kear Limited and Wm Morrison Produce Limited.
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